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Ease of Doing Business in

Yemen, Rep

Yemen, Rep Download Profile (1732.7KB, pdf)
Region Middle East & North Africa
Income Category Lower middle income
Population 26,832,215
GNI Per Capita (US$) 1,143
City covered Sanaa

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 179 179
0
39.57 39.92 down
0.35
Starting a Business 161 154 down
7
71.59 73.36 down
1.77
Dealing with Construction Permits 94 86 down
8
68.79 69.02 down
0.23
Getting Electricity 188 188
-
0.00 0.00
-
Registering Property 83 82 down
1
65.20 65.21 down
0.01
Getting Credit 185 185
-
0.00 0.00
-
Protecting Minority Investors 132 129 down
3
43.33 43.33
-
Paying Taxes 92 91 down
1
71.64 71.64
-
Trading across Borders 189 189
-
0.00 0.00
-
Enforcing Contracts 142 142
-
48.52 48.52
-
Resolving Insolvency 152 147 down
5
26.65 28.08 down
1.43

DB 2017 Rank: 161

DB 2016 Rank: 154

Change in Rank: down7

DB 2017 DTF (% points): 71.59

DB 2016 DTF (% points): 73.36

Change in DTF (% points): down1.77

Standardized Company
Legal form: Limited Liability Company
Paid-in minimum capital requirement: YER 0
City: Sanaa
Indicator Yemen, Rep Middle East & North Africa OECD high income
Procedure – Men (number) info_outline 6.0 7.8 4.8
Time – Men (days) info_outline 40.0 20.1 8.3
Cost – Men (% of income per capita) info_outline 82.2 26.3 3.1
Procedure – Women (number) info_outline 7.0 8.6 4.8
Time – Women (days) info_outline 41.0 20.9 8.3
Cost – Women (% of income per capita) info_outline 82.2 26.3 3.1
Paid-in min. capital (% of income per capita) info_outline 0.0 11.2 9.2
  • No. Procedure Time to Complete Associated Costs
    1

    Obtain husband's permission to leave the house to register a company

    Agency: Domicile

    According to Personal Status Law No. 20 of 1992, Art. 40 married women cannot leave the matrimonial home without the permission of their husbands.
    1 day no charge
    2

    Reserve a unique company name at the Commercial Register

    Agency: Ministry of Trade & Industry

    The first step is to reserve a unique company name at the Commercial Register.
    1 day included in procedure 2
    3

    Register at the Ministry of Trade & Industry

    Agency: Ministry of Trade & Industry

    To register, the entrepreneur completes the standard registration application form from the Commercial Register and submits the required company documents, including: the name reservation form, the license application, the signed and stamped articles of association, and the publication notice.

    The payable fees are as follows:
    - Registration trade name: YER 14,220
    - Company incorporation fees: YER 15,000
    - Publication of company in official gazette: YER 30,000
    - Publication of company in trade magazine: YER 16,000
    - Publication of trade registration: YER 20,000
    - Trade Registration card: YER 1,020
    4 weeks see procedure details
    4

    Register for taxes at the General Taxes Department

    Agency: General Taxes Department

    Registering for taxes and obtaining a tax identification card is compulsory for the payment of income tax and registration for other taxes such as VAT.
    1 day no charge
    5

    Apply for membership at the Chamber of Commerce

    Agency: Chamber of Commerce

    The new company then applies for membership at the Chamber of Commerce.
    1 day YER 18,900
    6

    Obtain the license from the Municipality

    Agency: Municipality

    Founders must indicate the type of business at the time of application. The permit number must be displayed in the office. The cost includes fees for the City of Sanaa Trust Office.
    1 week YER 80,000
    7

    Register employees for social security

    Agency: Social Insurance Agency

    The firm must register all its workers with the Ministry of Social Security if it employs more than two employees. This requirement is implemented strictly. The firm must send a full list of employees in a prescribed form that includes their salaries. Each month, the employer must deposit 15% of employee salary in the Social Security Fund. Out of this 15% contribution, 9% of the salary is paid by the employer and 6% is deducted from the employee’s salary.
    2 days no charge

    Applies to women only.